Category: Business

NNPC dispatches 29.058m litres of PMS to 13 states

Emporium Reporters

The Nigerian National Petroleum Corporation (NNPC) said it supplied a total of 29.058 million litres of Premium Motor Spirit (PMS) popularly known as petrol to thirteen Northern states in three days. In its report on daily dispatch to filling stations made available to the News Agency of Nigeria (NAN) in Abuja on Friday, it named the states to include Kaduna, Kogi, Kwara,Taraba, Kano and Benue Others are Zamfara, Yobe, Sokoto, Jigawa, Borno, Bauchi and Adamawa. According to the corporation, the supplies were made between February 12 and 14, 2018 À…

Lagos NIPR Plans Gender Equality Summit on Women’s Day

Emporium Reporters

The Lagos State Chapter, the leading branch of the Nigerian Institute of Public Relations (NIPR) has today unveiled plans to host the maiden women assembly tagged: STRONG TENDER & EMPOWERED WOMEN SUMMIT (STEWS), aimed at articulating and aggregating a collective voice to build momentum for gender equality, women empowerment and effective implementation of the new Sustainable Development Goals. The free-to-attend Summit, themed: WOMEN TAKING CHARGE, GOOD FOR ALL, will engage feminists, professional women, governmental and legislative bodies, academia, corporate organisations, women’s associations, NGOs and the Media, in commemoration of the…

FG ,other Countries Share Data on Overseas Bank Accounts, Property Owned by Nigerians

Emporium Reporters

The Federal Government of Nigeria and some foreign countries, including the United Kingdom Government, have commenced the Automatic Exchange of Tax Information (AETI), particularly on overseas assets held by Nigerians. The Honourable Minister of Finance, Mrs. Kemi Adeosun, confirmed this on Friday in Abuja during the presentation of Progress Report on Tax Laws Reform by the Vice Chairman of the National Tax Policy Implementation Committee, Mr. Taiwo Oyedele. The Minister expressed satisfaction with the data being supplied to Nigeria by foreign countries under the AETI, to which the country became…

Minister Seeks Partnership With China To Develop Nigeria’s Animation Industry

Emporium Reporters

The Minister of Information and Culture, Alhaji Lai Mohammed, has called for a meaningful partnership with China to develop Nigeria’s Animation Industry. The Minister stated this in Abuja on Thursday when he received, in his office, a delegation of Television Production and Animation Companies from China. He described animation as the fastest growing genre of the film industry, saying animation will thrive in Nigeria, especially if it is rooted in the culture and tradition of the people. “Animation today has grown into a multi-billion-dollar business and notably in China, France…

NIGER SET TO PARTNER NORTH KOREA ON HEALTH, INFRASTRUCTURE, POWER

Emporium Reporters

There is on going Plans by the Niger State government to partner with the North Korean government in health care delivery, infrastructural development and power. The decision was reached in Minna during a courtesy visit to Governor Abubakar Sani-Bello by the North Korean Ambassador to Nigeria, His Excellency, Jong Yong Chol. The Governor who was impressed with the level of development so far achieved by the Koreans said the state will further strengthen relationship with the country so as to derive the maximum benefit from the arrangement. He explained that…

Airpeace Takes Over African Countries, encourages regional integration.

Emporium Reporters

The Global President of Independent Pan African Youth Parliament, IPAYP, Amb Obinna Sixtus Nwoke has said that the spread of Africa,s fastest indigenous airline Air Peace operations to three countries , Sierra Leone, Gambia and Senegal has contributed to the Africa regional integration. Ambassador Nwoke stated that the Leadership of Independent Pan African Youth Parliament received this development with excitement. In an interview with the press men after its Mock African Youth Economic Forum in Abuja scheduled to be launched later this year in Gambia and Uganda.   The IPAYP…

Goldberg Moves Isedowo Empowerment Scheme to Oyo

Emporium Reporters

Isedowo, the empowerment scheme of Goldberg lager beer produced by Nigerian Breweries, is moving its ongoing campaign to Oyo State where it will support Artisans with grants of N300,000.00 each to grow their businesses. The Oyo State activation will take place at Lekan Salami Stadium car park, by Gate 5, Adamasingba, Ibadan, on Friday, February 2, 2018. This is coming at the heels of successful activations in Osun, Ekiti and Ondo States where 60 artisans have received N300,000 each to support the growth of the businesses. The activation in Oyo…

FIRS generates N4.03tn from tax in 2017 – Fowler

Emporium Reporters

The Federal Inland Revenue Service said it collected a total of N4.03tn in the 2017 fiscal period. The collection of N4.03tn according to a statement issued by the agency represents 82.38 per cent of government target of N4.89tn for the year. The revenue of N4.03tn, is however, N720bn more than the 2016 total collection figure of N3.3tn. An analysis of the collection performance indicates that taxes from non-oil sources accounted for 63 per cent, while oil tax accounted for 38 per cent of the total collection. Stamp Duty recorded the most…

WE’LL DELIVER ON THREE-PRONGED CAMPAIGN PROMISES – BUHARI

Emporium Reporters

President Muhammadu Buhari Monday in Abuja said his administration remain resolute and focused on delivering on the three-pronged promises of securing the lives and properties of Nigerians, halting the pillage of the economy by corrupt public officials, and creating employment opportunities for the youths. Receiving the Board of Directors of the Nigerian Economic Summit Group at the State House, President Buhari said the initial economic challenge posed by recession was already dwindling, with the economy smarting out and posting better results on falling inflation rates, higher foreign reserve and better…

Media Firm Slams N200mn Suit Against Access Bank over Unlawful Account Freeze

Emporium Reporters

An Abuja based media firm, Image Merchants Promotion Limited and its promoter, Mallam Yushau Shuaib have slammed a N200mn suit against Access Bank Plc over an alleged unlawful freezing of their four different accounts with the bank in the past two years. The bank was dragged before a High Court of the Federal Capital Territory (FCT) Abuja by the two plaintiffs who had jointly claimed the N200M as damages for the hardships inflicted on them by the Bank with the freezing. In the suit with No. FCT/HC/ CV/0657/2018 filed on…